About Grovalue Financial Services Private Limited
Data last updated:
Grovalue Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH2014PTC260052. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Vinit Chopda (Managing Director) and Devesh Chandrabhan Gupta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 5B 64B 2nd Floor Raja Bahadur Bansilal Bldg J.S.S. Road Girgaon Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.01 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹13,561 (net margin 1.1%) and EBITDA of ₹33,035 (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grovalue.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address5B 64B 2nd Floor Raja Bahadur Bansilal Bldg J.S.S. Road Girgaon Opera House, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Financial Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Grovalue Financial Services Private Limited
The main business activity of Grovalue Financial Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grovalue Financial Services Private Limited FY 2019 filings available
Grovalue Financial Services Private Limited reported revenue of ₹12.01 Lakh (down 46% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Grovalue Financial Services Private Limited
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Grovalue Financial Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33,035 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13,561 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Grovalue Financial Services Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grovalue Financial Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Grovalue Financial Services Private Limited
Grovalue Financial Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinit Chopda | Managing Director | 09 Dec 2014 | 11 Years 10 Months | Current |
| Devesh Chandrabhan Gupta Also directs: Grovalue Marketing Private Limited, Green Gold Farm Produce Private Limited, Bodhi Robotics Private Limited and 3 more | Director | 09 Dec 2014 | 11 Years 10 Months | Current |
Peer Comparison of Grovalue Financial Services Private Limited
Grovalue Financial Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Puthenchira Merchants Nidhi Limited | ₹12.03 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Thrissur, Kerala, India |
| Ten Quints Fintech Private Limited | ₹12.02 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Savare Sarkar Nidhi Limited | ₹12.01 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Uniyara, Rajasthan, India |
| Sri Sai Abhiram Chit Fund Private Limited | ₹12.01 Lakh (FY 2022) | •••• | •••• | -19.0% | •••• | Godavarikhani, Telangana, India |
| Sezzle Fintech Private Limited | ₹12.01 Lakh (FY 2022) | •••• | •••• | 275.0% | •••• | Bangalore, Karnataka, India |
| Grovalue Financial Services Private Limited this company | ₹12.01 Lakh (FY 2019) | •••• | •••• | -46.0% | •••• | Mumbai, Maharashtra, India |
| Shivadarshana Chits Private Limited | ₹12.01 Lakh (FY 2016) | •••• | •••• | -68.0% | •••• | Brahmavar, Karnataka, India |
| Jegatheeswaran Nidhi Limited | ₹12.01 Lakh (FY 2024) | •••• | •••• | 238.0% | •••• | Nagercoil, Tamil Nadu, India |
| Saptgiri Commodity Private Limited | ₹12 Lakh (FY 2022) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Cindrella Commodeal Private Limited | ₹12 Lakh (FY 2018) | •••• | •••• | -69.0% | •••• | Kolkata, West Bengal, India |
| Compact Business Solutions (India) Private Limited | ₹12 Lakh (FY 2019) | •••• | •••• | 4968.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Grovalue Financial Services by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grovalue Financial Services Private Limited
Grovalue Financial Services Private Limited is audited by M. S. Mandlecha & Co for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M. S. Mandlecha & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Grovalue Financial Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grovalue Financial Services Private Limited
Grovalue Financial Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Grovalue Financial Services Private Limited
Grovalue Financial Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Grovalue Financial Services Private Limited
Employment history and EPFO contributions of people linked to Grovalue Financial Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grovalue Financial Services Private Limited
Grovalue Financial Services Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Devesh Chandrabhan Gupta ceased to be Director on 06 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Grovalue Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grovalue Financial Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grovalue Financial Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grovalue Financial Services Private Limited
Grovalue Financial Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grovalue Financial Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Grovalue Financial Services Private Limited
Frequently Asked Questions about Grovalue Financial Services Private Limited
Grovalue Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 December 2014 (12+ years old) and is registered under CIN U65923MH2014PTC260052.
Grovalue Financial Services reported revenue of ₹12.01 Lakh for FY 2019 (down 46% YoY).
Grovalue Financial Services has 2 current directors:
- Vinit Chopda - Managing Director
- Devesh Chandrabhan Gupta - Director
Grovalue Financial Services reported a net profit of ₹13,561 (net margin 1.1%) and EBITDA of ₹33,035 (EBITDA margin 2.8%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grovalue Financial Services is 21% over three years. In the latest year (FY 2019) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
No. Grovalue Financial Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Grovalue Financial Services is U65923MH2014PTC260052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grovalue Financial Services has 1 court case on record: 1 filed against it.
Grovalue Financial Services was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grovalue Financial Services by revenue are Puthenchira Merchants Nidhi Limited, Ten Quints Fintech Private Limited, Savare Sarkar Nidhi Limited, Sri Sai Abhiram Chit Fund Private Limited, Sezzle Fintech Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Devesh Chandrabhan Gupta ceased to be Director on 06 Apr 2021. Vinit Chopda ceased to be Director on 01 May 2019. Devesh Chandrabhan Gupta was appointed as Director on 09 Dec 2014. Grovalue Financial Services has 4 board changes on record in total.